XTX Topco Ltd Invests $284,000 in United Natural Foods, Inc. (NYSE:UNFI)

XTX Topco Ltd acquired a new position in shares of United Natural Foods, Inc. (NYSE:UNFI) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 21,658 shares of the company’s stock, valued at approximately $284,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNFI. Vanguard Group Inc. grew its holdings in shares of United Natural Foods by 4.4% during the first quarter. Vanguard Group Inc. now owns 7,587,059 shares of the company’s stock worth $87,175,000 after buying an additional 321,020 shares in the last quarter. Private Management Group Inc. raised its holdings in United Natural Foods by 49.5% in the 2nd quarter. Private Management Group Inc. now owns 1,773,670 shares of the company’s stock valued at $23,235,000 after acquiring an additional 587,163 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of United Natural Foods by 23.1% during the 2nd quarter. American Century Companies Inc. now owns 1,267,280 shares of the company’s stock worth $16,601,000 after purchasing an additional 237,496 shares during the period. Bragg Financial Advisors Inc boosted its holdings in shares of United Natural Foods by 0.8% during the fourth quarter. Bragg Financial Advisors Inc now owns 407,728 shares of the company’s stock worth $6,617,000 after purchasing an additional 3,391 shares during the last quarter. Finally, Panagora Asset Management Inc. grew its position in shares of United Natural Foods by 4.0% in the second quarter. Panagora Asset Management Inc. now owns 343,052 shares of the company’s stock valued at $4,494,000 after purchasing an additional 13,165 shares during the period. Hedge funds and other institutional investors own 87.63% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on UNFI shares. UBS Group raised their price target on United Natural Foods from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, June 6th. StockNews.com upgraded shares of United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. Finally, Roth Mkm increased their price target on shares of United Natural Foods from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday, June 6th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat, United Natural Foods presently has an average rating of “Hold” and a consensus target price of $13.75.

United Natural Foods Price Performance

Shares of NYSE:UNFI opened at $16.73 on Friday. United Natural Foods, Inc. has a 1 year low of $8.58 and a 1 year high of $17.33. The stock has a 50-day simple moving average of $14.68 and a 200-day simple moving average of $12.67. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.55 and a current ratio of 1.51. The stock has a market capitalization of $994.93 million, a P/E ratio of -6.94 and a beta of 0.64.

United Natural Foods Company Profile

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.